Commodities Update - 07 Nov 15

BDI continue to lower to 631 (06 Nov) from 721 (30 Oct).  Seasonal trend BDI will be lower end of the year.

Summary
Most commodities are trading lower

COT
Instruments that show buying interest (3) by Producer/Merchant/Processor/User
Down Trend

• Natural Gas

Neutral

• Coffee Arabica
• Gasoline
• Lumber

Up Trend

• Wheat

Instruments that show selling interest at extreme (2) only by Producer/Merchant/Processor/User
Up Trend

• Crude
• Raw Sugar

Neutral

• None

Down Trend

None

Note
(1) COT Index >= 90
(2) COT Index <= 10
(3) COT Index >= 70, rising COT Index, monitor for trend reversal from DT to UT
Down Trend and Up Trend is based on 50 Simple Moving Average